We expect BO to trend downwards later today. Based on these past United States Unemployment Rate news events there is a 83.33% chance of this. We expect this to happen if the released value is = 3.7%. A price movement of 41 pips is expected.
Historical events that allowed us to draw this conclusion
06 Sep 12:30 |
02 Aug 12:30 |
07 Jun 12:30 |
05 Apr 12:30 |
02 Nov 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
